It has been revealed that the UK government is looking to push through a significant increase in stake limits and jackpot limits on UK slot machines. The current stake limit is 50p and the current jackpot limit is £50 and while the government had suggested a move to 60p and £60 it looks as though the figures will actually be 70p and £70.
The move is being made after serious lobbying from the gaming industry amid suggestions that the industry is going through a very difficult trading patch. A number of seaside arcades and pubs, many of which depend upon slot machines and gaming machines, have seen a significant shift downwards in income as the ongoing recession deepens.
The move by the government has been welcomed by the gaming industry amid signs that finally the industry has a voice which is being heard. As we have covered on a number of occasions on the site, the UK governments gambling strategy has been very difficult to predict with a number of goalposts moved over the last couple of years. Hopefully this cooperation between the gaming industry and the government should herald a new chapter in the UK gambling and gaming sector.
